Australia's Treasurer Faces Budget Crisis, Tax Reforms Eyed
Update: 2025-12-11
Description
Australias Treasurer faces calls for budget reforms, including potential GST increase and inheritance tax, as business investment surges and data center industry booms. Despite positive signs, experts warn more is needed to balance the budget, with deficit projections reaching $44.6 billion by 2028/29. Major tax reforms and spending discipline are urged to address budget pressures.
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